Mortgage Matters: July 2018

Jun 28, 2018

VA Loans

Every July the nation gathers together to celebrate our Independence, usually with a BBQ, parade, or pool party while enjoying the summer season. At night, we watch the sky for an impressive firework show. But why? After the Continental Congress voted for independence on July 2nd, John Adams wrote to his wife Abigail that the celebration should include “Pomp and Parade…Games, Sports, Guns, Bells, Bonfires and Illuminations.” Philadelphia then celebrated the first July 4th in 1777 while Massachusetts was the first state to make July 4th an official holiday in 1781. Much later, in 1941, the federal holiday was expanded to give all federal employees a paid holiday. With private companies adopting this as well, we would like to wish you a safe and wonderful holiday this year!

As we enjoy the day off to celebrate, it is important to recognize those who have and continue to provide us with these freedoms. HFG is proud to offer a wide range of Veterans Administration (VA) mortgage products. These products can help eligible borrowers purchase a home at a competitive interest rate, often without requiring a down payment or private mortgage insurance. Borrowers looking to refinance may also be able to utilize these benefits as a means of lowering their interest rate or taking advantage of their home’s current equity. VA loans require certain eligibility requirements and include Servicemembers, Veterans, and eligible surviving spouses. If you would like to discuss these options and check your eligibility, contact a Homeowners Financial Group Licensed Mortgage Professional at a location near you. We appreciate your service and would love to assist you in any of your mortgage needs.